Oil & gas companies will spend roughly $135 billion on subsea hardware between 2012 and 2016, an increase of 14% over the preceding five-year period, according to a new report from Douglas-Westwood.Spending took a hit in 2010 and 2011 as the…
High demand for goods and services helped push up building and operating costs for upstream oil & gas facilities over the six-month period covering 3Q 2011 to 1Q 2012, according to two IHS cost indexes. The IHS Upstream Capital Cost index rose 2…
Pieter Schelte will be capable of single-lifting topsides up to 48,000te and jackets up to 25,000te. Topsides will be lifted from a 122m long, 52m wide slot at the bow using eight sets of horizontal lifting beams, four on each side of the slot…
As the giant Nord Stream project, involving 3 million tonnes of rock dumping over two and a half years, comes to an end, Tideway has picked up another substantial project from Subsea 7 for Total's Laggan Tormore project. Meg Chesshyre reports…
With the recent completion in Johor, Malaysia, of the first phase of its new $100 million wire rope manufacturing plant, Kiswire believes it is now well placed to deal with the greater demands made of such products as the offshore industry moves into ever-deeper waters…
At a recent Bergen conference showcasing the strength in depth of Norway's subsea industry, Statoil EVP Øystein Michelsen challenged delegates to work with his company in developing the technology to go further, deeper and colder and seize the…
The latest addition to the Hallin Marine fleet of subsea operation vessels, the compact semisubmersible Derwent, was floated for final fit out at the Drydocks World yard in Nanindah, Indonesia, last month. Designed and equipped to meet current and anticipated subsea industry demand…
Successful field deployment of a new compact remote controlled subsea hot tapping machine was announced recently by TD Williamson. The lightweight Subsea 1200RC Tapping Machine, described as a ‘topside-driven machine with passive ROV interface’…
Maintaining a flowline that will operate smoothly following a shutdown means addressing a host of flow assurance challenges. The industry has typically approached the flow assurance question through chemical and mechanical means. Jennifer Pallanich…
Subsea thermal insulation has an important role to play in ensuring the smooth running of offshore facilities as the industry moves into deeper waters and fluids get warmer. Trelleborg Offshore's Grethe Hartviksen argues that innovative synthetic…
Cameron typically shows off serious subsea technology during the annual Houston event but this year chose instead to put the spotlight on its purchase of the TTS Energy Division from Norway’s TTS Group, a transaction expected to close soon.The…
FMC Technologies, flying high on two OTC ‘spotlights on technology’ this year for its advancements in the subsea separation arena, discussed the two projects – Marlim and Pazflor – that earned this recognition.The subsea oil-water separation…
CTC Marine Projects, Trico Offshore and Deep Ocean AS, all subsidiaries of Norway’s DeepOcean Group Holding, have been rebranded DeepOcean. ‘The move is more than a name change,’ said group CEO Bart Heijermans. ‘We will operate as one company…
High-performance subsea cables and umbilical systems supplier JDR Cables has completed its £30 million investment in its state-of-theart UK manufacturing plant in Hartlepool (OE September 2009). JDR, the UK’s sole supplier of sub-sea array cable…
Aberdeen-headquartered Proserv, backed by private equity firm Intervale Capital, has acquired the subsea controls business of Weatherford International. The deal includes more than 300 personnel and all control systems operations in the UK, Norway, North America, the Middle East and the Far East.
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